Nov 9, 2012 11:30am PST
more taxes. >> you saw house speaker, john boehner, there and he called the taxes a job killer. >> hurtful consequences of the fiscal clip come from increasing tax rates. ernst and young, raising the top rates would destroy nearly 700,000 jobs in our country. >> you would think there was a huge gam here, but what the budget report says is extending the bush era tax for everyone, what the republicans want, would create 8.1 million jobs, and increasing taxes on people making $250,000 a year would lower taxes for everyone else, but boost the gdp by 3% and create 6 million jobs. and the president said that's a 1 point difference, but conservatives say that that translates into a lot of jobs, and it's a big deal. we'll come back to you. >> all right, take a look outside and it looks nice right now, but it's wild weather around the bay area. rain and wind and even snow in the area overnight. looking at the hail that came down in the east bay, france, lightning knocked out power to an entire neighborhood. and amy has more. >> we're at 24th and fountain perfect a lot of people were wok
Nov 11, 2012 9:00pm PST
's time to get the job done. >> speaker boehner told republican members they would have to avoid fights. according to the "new york times" they seemed to listen but it doesn't change the basic disagreement that could push the country off the fiscal cliff the 1st of january. that is when tax cuts expire the average family will pay an extra $3700 a year. and severe cuts in defense spending will be triggered. sticking point, taxes. the president won on letting tax cuts for the rich expire. leading republican said, no. if it sounds like the argument we already heard, you are right. democrats appear emboldened. >> if the republicans will not agree with that, we will reach a point at the end of this year where all the tax cuts expire and we'll start over next year. >> the two sides have four more days to lay out their markers. on friday they come to the white house to start negotiations. >> ama: weather, it's been nice out but just chilly. >> i think the clouds that are sitting off the coast will help to warm us up. let's take a live look from vollmer peak cam looking down to the bay bridge.
Nov 7, 2012 9:00pm PST
. they differ on the timetable. boehner prefers to wait until the congress is seated. reid wants coming to get the work done immediately. back here, long time congressman pete stark has been ousted by his opponent. he has been in congress important four decades. he was key architect for president's agenda. but his opponent won. two democrats appeared on the ballot because of california's top two candidates rule in the primary election. >> sacramento congressman dan lungdren is behind by 184 votes. he is refusing to give up. mary bono mack in southern california. she 4500 votes behind her challenger. she gained the seat when her husband, sonny bono died in a ski accident a few years ago. >> nationally 20 women will serve in the senate. and new hampshire has all female tell gas station. maine, delaware and washington approved same-sex marriage and in minnesota, a measure restricting marriage only to men and women was defeated. now, the outcome there makes minnesota the first state in the nation to defeat a marriage amendment. indicate renner is in minneapolis. >> jumping down in elation. they ar
Nov 9, 2012 9:00pm PST
with congressional leaders. boehner said everything needs to be on the table. also said this is a time for the president to lead. ironically if the president does a good job leading on this issue could put a lot of pressure on congressional republicans to break those pledges they have made to never raise taxes. in the newsroom, abc 7 news. >>> around the country thousands of veterans send sunday like last year. wait to go see if the department of veterans affairs will grant their disability claims. tonight the center for investigative reporting finds that many of those veterans will be unfairly denied their benefits all because of error made by the va. >> i knew it. i knew i was supposed i knew i was to get my claim approved. i knew it. >>reporter: in 2008 the department of veterans affairs denied jose round tree consistability claim for ptsd what you get shot before you can get ptsd. there's more than one way of getting wounde wounded. i was mentally wounded. >>reporter: he was on navy destroyer in 1983 that engaged in battle off the coast of beruit. but the va couldn't find